Fortis Malar Hospitals technical analysis

According to the latest Pivot data, Fortis Malar Hospitals’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹54.26, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹55.52, ₹56.43, and ₹57.69, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹53.35, ₹52.09, and ₹51.18, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Fortis Malar Hospitals’s price movement.